Drinking Water State Revolving Fund Loan Program (SRF) - The 1996 Amendments to the Safe Drinking Water Act created ;
Drinking Water State Revolving Fund (DWSRF) to provide assistance in the form of low interest loans to public water syste!
finance the cost of drinking water infrastructure. Public water systems eligible for this program include all community pub!
water systems and non-transient non-profit public water systems. In addition, funds are used to promote proactive drinkir
water measures such as source water protection, operator certification, small system technical assistance/capacity
development, and program administration. This funding has been used by Pennichuck Water in the past for mitigation pro
including the Merrimack River Raw Water Transmission Main and could be used in the future,
Drinking Water and Groundwater Trust Fund - The Drinking Water and Groundwater Trust Fund, established under RSA 48
intended to provide for the protection, preservation, and enhancement of the drinking water and groundwater resources
state. In establishing the Fund, the legislature recognized that the widespread and persistent contamination of the State’s
drinking water and groundwater caused by contaminants such as methyl tertiary butyl ether (MtBE) and the need to inves:
the State’s drinking water infrastructure requires a comprehensive strategy designed to ensure the continued availability c
drinking water for all New Hampshire citizens. RSA 485-F requires that existing groundwater resources be preserved and
protected and alternative sources of drinking water be made available to the extent practicable. This funding has been use
the past by Pennichuck Water for mitigation projects including the Merrimack River Raw Water Intake project and could bi
in the future.
Clean Water State Revolving Fund (CWSRF) - The 1987 amendments to the Clean Water Act (CWA) created the Clean Wate
State Revolving Fund (CWSRF) program, which provides low-interest loans to communities, nonprofits and other local
government entities to improve and replace collection systems and wastewater treatment plants with the ultimate goal of
protecting public health and improving water quality. A portion of the CWSRF program is used to fund nonpoint source,
watershed protection and restoration, and estuary management projects that help improve and protect water quality in N
Hampshire. A major benefit for municipalities and other loan recipients is the substantial financial savings they can realize.
When funded with a loan from this program, a project typically costs much less than it would if funded through banks or tt
municipal bond market. Loan interest charges are a percentage of the lower market rate at either the time of loan originat
project completion: 25 percent of the established market rate for a five-year term, 50 percent of the established market rz
a 10-year term, 75 percent of the established market rate for a 15-year term, and 80 percent of the established market rat
20-year term. This funding has been utilized by the City of Nashua in the past and could be used in the future.
